Microfinance institutions (MFIs) worldwide reported 211.1 million total borrowers, as of December 31, 2013—the largest number ever reported—which is an increase from 203.7 million borrowers in 2012. The total number of women clients with loans outstanding also increased, from 150.9 million in 2012 to 157.7 million in 2013. On the other hand, the total number of poorest clients with loans outstanding declined for the third straight year, from 115.7 million in 2012 to 114.3 million in 2013. The total number of poorest women with loans outstanding also decreased, from 96.4 million in 2012 to 94.4 million in 2013.
Figure 1: Growth of Total and Total Poorest Borrowers
(December 31, 1997—December 31, 2013)
Table 1: Number of Borrowers Reported Each Year
As the graph in figure 1 and numbers in table 1 show, we have slowed and lost some ground in our pursuit of the Campaign’s two goals. In the years between 2002 and 2007, the totals of both microfinance borrowers and poorest borrowers (reported to us) grew at a compound annual growth rate of 14 percent. In the last five years, total clients have grown at only 2 percent per year, and poorest clients have declined by 2 percent per year.
In this section of the report, we look more closely at what the numbers reported to us tell us about the reasons for the slowing growth in total clients and the reductions in poorest clients. Other sections of the report provide pathways that MFIs and other financial providers, working in partnership with governments, businesses, and other development service providers, can take to expand the number of poorest clients they serve and the positive benefits their clients experience.
Changes at the Top
Table 2 shows the 10 largest institutions reporting to us in 2014 and the number of total and poorest borrowers they were reaching at the end of 2013 and 2012. Two of these 10 are networks— National Bank for Agricultural Development (NABARD) and ACCU; the other 8 are single institutions. All are located in Asia: 4 in India, 3 in Bangladesh, 1 each in Indonesia and Vietnam, and 1 in a Pan-Asia network. Five of the 10 increased both their total number of borrowers and poorest borrowers from 2012 to 2013 (highlighted in green), 4 decreased in both categories (orange), and 1 had small increases in total borrowers and small decreases in the poorest (yellow).
Table 2: Changes among the Top 10 Institutions*
*Based on the number of total borrowers for each institution, as of December 31, 2013.
|← Previous: 2015 Report > “Poverty Stoplight”: Families Mapping Their Way Out of Poverty||Next: 2015 Report > Improving Tools for Measurement →|
Table of Contents
- Executive Summary
- Where’s the Map?
- Global Data Show Diverging Paths
- Integrated Health and Microfinance
- Saving Groups
- Graduation Programs
- Agricultural Value Chains
- Conditional Cash-Transfer Programs
- Digital Finance
- Read the Full Report
- Get Your Copy
- Français (Coming soon!)
- Español (Coming soon!)
- Arabic (Coming soon!)